CompañÃa CervecerÃas Unidas S.A. (NYSE:CCU) Q2 2021 Earnings Conference Call August 6, 2021 12:00 PM ET Company Participants Claudio Las Heras – Head of Investor Relations Patricio Jottar – Chief Executive Officer Felipe Dubernet – Chief Financial Officer Conference Call Participants Fernando Olvera – Bank of America Felipe Ucros – Scotiabank Mohammed Ahmad – FGP Felipe Ucros – Scotiabank Claudio Las Heras [Call Starts Abruptly] these statements should be taken in conjunction with the additional information ...

CAU Corporate Presentation Investor Relations Second Quarter 2021 ccu CCU OVERVIE' Statements made in this presentation relate to CCU's future performance or financial results are "forward- looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, which are not statements of fact and involve uncertainties that could cause actual performance or results to materially differ. Forward looking statements include, without limitation, any statement that may predict, fore ...

CompañÃa CervecerÃas Unidas S.A. (NYSE:CCU) Q1 2021 Earnings Conference Call May 6, 2021 2:00 PM ET  Company Participants Claudio Las Heras - Head of Investor Relations Patricio Jottar - Chief Executive Officer Felipe Dubernet - Chief Financial Officer Conference Call Participants Fernando Olvera - Bank of America Henrique Brustolin - BTG Operator Good day, everyone and welcome to the CCU's First Quarter 2021 Earnings Conference Call. Today's call is being recorded. At this time, I would like to turn the c ...

Financial Performance - Net sales for 2020 reached CLP 1,857,594 million, showing a growth from CLP 1,822,541 million in 2019, representing a 1.8% increase[16] - Gross profit for 2020 was CLP 873,558 million, down from CLP 914,223 million in 2019, indicating a decrease of 4.5%[16] - Adjusted Operating Result for 2020 was CLP 186,591 million, a significant decline from CLP 230,808 million in 2019, reflecting a decrease of 19.2%[16] - Net income for 2020 was CLP 108,195 million, down from CLP 145,646 million in 2019, marking a decrease of 25.7%[16] - The company experienced a decline in basic and diluted income per share to CLP 260.22 in 2020 from CLP 352.21 in 2019, a decrease of 26.1%[16] - The ORBDA (Operating Result Before Depreciation and Amortization) for 2020 was 296,405 million CLP, down from 335,829 million CLP in 2019[167] - Net income prior to non-controlling interests decreased by 25.7% to CLP 108,195 million in 2020[176] - Net income attributable to equity holders of the parent company declined by 26.1% to CLP 96,152 million in 2020[177] Assets and Liabilities - Total assets as of December 31, 2020, were CLP 2,525,337 million, an increase from CLP 2,353,691 million in 2019, representing a growth of 7.3%[17] - Total financial debt increased to CLP 514,141 million in 2020 from CLP 330,155 million in 2019, indicating a rise of 55.7%[17] - As of December 31, 2020, total indebtedness amounted to CLP 490,457 million, with a consolidated interest coverage ratio of 10.32[182] - As of December 31, 2020, total interest-bearing debts amounted to CLP 588,437 million, with fixed-rate debts constituting CLP 579,889 million and variable-rate debts CLP 8,548 million[183] Market Segments - The Chile Operating segment generated 67% of sales revenues in 2020, while the International Business Operating segment contributed 22%[27] - The weighted volume market share for the Chile Operating segment was approximately 43.4%, 43.8%, and 45.2% in 2018, 2019, and 2020, respectively[77] - The weighted volume market share for the International Business Operating segment was approximately 15.8%, 16.7%, and 17.7% in 2018, 2019, and 2020, respectively[79] - The International Business Operating segment generated net sales of CLP 483,926 million, CLP 464,487 million, and CLP 402,829 million in 2018, 2019, and 2020, representing 27.1%, 25.5%, and 21.7% of CCU's consolidated net sales respectively[103] Sales and Volume - Sales volume for 2020 was 3,069.3 million liters, up from 3,003.2 million liters in 2019, reflecting an increase of 2.2%[17] - In 2020, the Chilean beer industry had an estimated size of 955 million liters, while the carbonated soft drink industry was estimated at 2,123 million liters[83] - In 2020, the Bolivian beer industry had an estimated size of 298 million liters, and the carbonated soft drink industry had an estimated size of 990 million liters[89] - The Argentine beer industry had an estimated size of 2,088 million liters in 2020, approximately 2.2 times the size of Chile's beer industry[88] Environmental Initiatives - The company reduced water consumption by approximately 49% per liter produced as of 2020, with a goal of a 60% decrease by 2030[46] - New environmental regulations, including the REP Law, aim for a 50% reduction in greenhouse gas emissions per liter produced by 2030[54] - The company is committed to achieving 100% valorization of industrial solid waste and 75% use of renewable energy by 2030[54] - In 2020, the company achieved a 35.7% reduction in greenhouse gas emissions per liter produced, surpassing its goal of 20%[158] - The company also achieved a 48.6% decrease in water consumption per liter produced, exceeding its target of 33%[158] Economic Context - Argentina's GDP contracted by 9.9% in 2020, primarily due to COVID-19 restrictions, while inflation reached 36.1%[31] - The Chilean economy contracted by 5.8% in 2020, with inflation at 3.0% and unemployment at 10.8%, impacting consumer behavior and product consumption[188] - The average exchange rate for USD in 2020 was CLP 792.22, compared to CLP 702.63 in 2019, indicating a depreciation of the Chilean peso[22] - The Chilean peso (CLP) experienced a depreciation of 12.8% in 2020, impacting the USD value of the company's earnings and dividends[57] Corporate Governance - As of March 31, 2021, Inversiones y Rentas S.A. owned 61.56% of the company's common stock, giving it significant control over corporate decisions[56] - The board of directors includes Andrónico Luksic as Chairman since April 2013 and Carlos Molina as Vice Chairman since May 2018[195] - The total compensation paid to directors for services rendered in 2020 amounted to CLP 4,210 million[204] - The board of directors consists of nine members elected for a term of three years, with the latest election held on April 14, 2021[208] Strategic Initiatives - The company has implemented efficiency and revenue management plans in Argentina to mitigate macroeconomic challenges[33] - CCU's 2019-21 Strategic Plan focuses on growth, profitability, and sustainability, with six strategic goals including brand strengthening and innovation[75] - The company is analyzing potential acquisitions in the beverage sector to support growth strategies in Chile and other South American markets[184] - Research and development efforts are ongoing, with a focus on new technologies and digital transformation, including investments in e-commerce platforms[187] Risks and Challenges - The company faces risks from natural disasters and climate change, which could significantly impact its operations and financial condition[48] - The company continues to face risks from health crises that could disrupt operations and financial performance[49] - Consolidation in the beer industry may negatively impact the company's market share due to increased competition from larger players like ABI[38] - Potential new regulations on advertising and labeling of alcoholic beverages could adversely affect sales volumes and results[52]

Compañía Cervecerías Unidas S.A. (NYSE:CCU) Q4 2020 Earnings Conference Call February 23, 2021 10:30 AM ET Company Participants Claudio Las Heras - Head of IR Felipe Dubernet - CFO Nicolás Novoa - Financial Planning and IR Manager Conference Call Participants Lucas Ferreira - JPMorgan Marcella Rechia - Credit Suisse Carlos Laboy - HSBC Thiago Duarte - BTG Felipe Ucros - Scotiabank Barbara Angerstein - Itaú Santiago Petri - Templeton Operator Good day, and welcome to the CCU's Fourth Quarter 2020 Earnings Co ...

iHeartMedia, Inc. (NYSE:CCU) Q3 2020 Earnings Conference Call November 9, 2020 4:30 PM ET Company Participants Michael McGuinness - EVP, Finance & Deputy CFO Richard Bressler - President, COO, CFO & Director Robert Pittman - Chairman & CEO Conference Call Participants Jessica Reif Ehrlich - Bank of America Merrill Lynch Steven Cahall - Wells Fargo Securities John Janedis - Wolfe Research James Goss - Barrington Research Associates Operator Ladies and gentlemen, thank you for standing by, and welcome to the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of even ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of even ...